Thanks. This has been bothering me for months. Fantastic!
Hey whoever you are, thank you very much! You're great!
Thanks, and to whoever posted that answer. Clever guy!
Thank you so much for the info there.
Nobody could not help me. Only those on this page. Thanks!
Other:

This is NOT abusive. I pressed this button by accident.It is spam / self promotion.It is offensive or harmful.It does not contain enough information.It contains or requests illegal information.It does not make sense.

"Of us have paid into fica for years and are now receiving a social..."

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SOCIAL SECURITY: FACTS

TO ANSWER THE TOPIC QUESTION:

It was Lyndon Johnson and the Democratically-controlled House and Senate.

THE FACTS: READ MORE

Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:

1.) That participation in the Program would be completely voluntary,

2.) That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program,

3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,

4.) That the money the participants put into the independent "Trust Fund" rather than into the General operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government program, and,

5.) That the annuity payments to the retirees would never be taxed as income.

Since many of us have paid into FICA for years and are now receiving a Social Security check every month — and then finding that we are getting taxed on 85% of the money we paid to the Federal government to "put away," you may be interested in the following:

Q: Which Political Party took Social Security from the independent "Trust" fund and put it into the General fund so that Congress could spend it?

A: It was Lyndon Johnson and the Democratically-controlled House and Senate.

Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?

A: The Democratic Party.

Q: Which Political Party started taxing Social Security annuities?

A: The Democratic Party, with Al Gore casting the "tie-breaking" deciding vote as President of the Senate, while he was Vice President of the U.S.

Q: Which Political Party decided to start giving annuity payments to immigrants?

MY FAVORITE :
A: That`s right! Jimmy Carter and the Democratic Party. Immigrants moved into this country, and at age 65, began to receive SSI Social Security payments! The Democratic Party gave these payments to them, even though they never paid a dime into it!

Then, after doing all this lying and thieving and violation of the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!

Someone said: Which political party eliminated the income tax deduction for Social Security (FICA) withholding?
A2: There was never any provision of law making the Social Security taxes paid by employees deductible for income tax purposes. In fact, the 1935 law expressly forbid this idea, in Section 803 of Title VIII.
Which political party started taxing Social Security annuities?
A3. The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote.
The basic rule put in place was that up to 50% of Social Security benefits could be added to taxable income, if the taxpayer`s total income exceeded certain thresholds.
The taxation of benefits was a proposal which came from the Greenspan Commission appointed by President Reagan and chaired by Alan Greenspan (who went on to later become the Chairman of the Federal Reserve).
Neither immigrants nor anyone else is able to collect Social Security benefits without someone paying Social Security payroll taxes into the system.
The question confuses the Supplemental Security Income (SSI) program with Social Security. SSI is a federal welfare program and no contributions, from immigrants or citizens or anyone else, is required for eligibility. Under certain conditions, immigrants can qualify for SSI benefits. The SSI program was an initiative of the Nixon Administration and was signed into law by President Nixon on October 30, 1972.
Sometimes I have to spend an entire day just to correct the lies that the right wing nuts spread. Hopefully the American people will continue to know better. Shame on you RandomRoom

"Of us have paid into fica for years and are now receiving a social..."

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SOCIAL SECURITY:

Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:

1.) That participation in the Program would be completely voluntary,

2.) That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program,

3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,

4.) That the money the participants put into the independent "Trust Fund" rather than into the General operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government program, and,

5.) That the annuity payments to the retirees would never be taxed as income.

Since many of us have paid into FICA for years and are now receiving a Social Security check every month — and then finding that we are getting taxed on 85% of the money we paid to the Federal government to "put away," you may be interested in the following:

Q: Which Political Party took Social Security from the independent "Trust" fund and put it into the General fund so that Congress could spend it?

A: It was Lyndon Johnson and the Democratically-controlled House and Senate.

Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?

A: The Democratic Party.

Q: Which Political Party started taxing Social Security annuities?

A: The Democratic Party, with Al Gore casting the "tie-breaking" deciding vote as President of the Senate, while he was Vice President of the U.S.

Q: Which Political Party decided to start giving annuity payments to immigrants?

MY FAVORITE :
A: That`s right! Jimmy Carter and the Democratic Party. Immigrants moved into this country, and at age 65, began to receive SSI Social Security payments! The Democratic Party gave these payments to them, even though they never paid a dime into it!

Then, after doing all this lying and thieving and violation of the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!

"The chinese government is a totalitarian state..."

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The Chinese government is a totalitarian state, controlled by a few indoctrinated individuals (few compared to their population), with little political rights given to the average citizen. The United States is a constitutional republic, where theoretically citizens are the fundamental power of the government (for the people, BY the people). In china, unique thought is considered dangerous, while in the US, it is encouraged (but messy). This leads to stupid and good things, depending upon who is in office (Republicans or Democrats).

" to put the money towards the funding of the federal highway program...."

Someone said: From Yahoo Answers: Actually the first president to tap into the SS fund was President Eisenhower to fund the interstate construction and that was also the last/only one ever paid back. Every President since has done it. The major change that confuses people is the change President Clinton had done to balance the budget. Up until his Presidency the money was collected and maintained separately and the Social Security Administration given the SSAN funding (cash) and if/when the government needed to borrow it that had to be approved by Congress. What President Clinton did was combine the SSAN money with income/business tax revenues to use whatever he needed for the budget and then give what was left (usually zero) in cash to the SSA and provide IOU;`s for the difference between paid in cash and collected (usually 100% of what was owed) which is how he "balanced the budget" but not borrowing the money but taking it off the top and then giving IOU`s to balance the SSA accounts.

We need your help! Please help us improve our content by removing questions that are essentially the same and merging them into this question. Please tell us which questions below are the same as this one:

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How much does the government owe social security?

How much does the federal government owe to the ssi program?

- Federal government owes ssi

Does federal government owe social security?

- Federal government retirement owe

Who owes social security iou s?

How much money would be in the soc fund if never tapped?

- Did the goverment ever pay back the money it took from s s

Which president borrowed money from soc sec?

- Money borrowed from soc sec since 1980

How much is social security owed by govt?

- Question how many times has fed govt raded soc sec

What does the federal gov woe the social security trust fund?

- Gov took soc sec funds closed account

How much does us owe in social security?

How much does the us owe to social security?

How fed gov t spends soc security?

When is washington going to put back the money they took from social sec?

- Annual amount soc sec money the gov borrows

How much has the usa government taken out off our social security fund?

- Amount owed ss by government

Does the government owe social security?

- Has our government taken from our fica reserves

How much does the us govt owe social security?

- Govt borrows from soc sec

How much has the obama adm taken from ss system?

- Has obama borrowed from soc sec to pay for other spending

How much money is owed to social security?

- Has the goverment taken money from socity sec

How much does the united states owe the social security?

How much does the us gov owe soc sec in 2014?

How much does the fed owe social security?

How much does the gov owe to social security?

How much money does the us gov owe soc sec?

How much money does the federal government owe social security?

What is the highest check the govt has put out per month for soc security?